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Gold/Mining/Energy : Westfort Energy Ltd. (WT-T) -- Ignore unavailable to you. Want to Upgrade?


To: rampage who wrote (1162)10/21/1998 8:58:00 AM
From: billy  Respond to of 1288
 
Look at their balance sheet over the last year



To: rampage who wrote (1162)10/21/1998 10:56:00 AM
From: John Walker  Read Replies (1) | Respond to of 1288
 
According to documents filed at SEDAR ...

sedar.com

Westfort reported $4,230,729 in cash at Dec. 31, 1997

Six months later, June 30 1998, they reported cash of $262,349 and had Accounts Payable totalling $524,767.

Their G&A costs for 1997 were $1,232,003, up from about $400,000 the year before. Expect total G&A costs to be higher for 1998 fiscal year.